Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares were up 50% during trading on Wednesday. The company traded as high as C$0.03 and last traded at C$0.03. Approximately 514,573 shares were traded during trading, an increase of 353% from the average session volume of 113,478 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 1.14. The stock has a market capitalization of C$15.87 million, a price-to-earnings ratio of -3.00 and a beta of -2.31.
About Bengal Energy
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production, and acquisitions. Bengal’s common shares trade on the TSX under the symbol ‘BNG’. Additional information is available at www.bengalenergy.
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